(a) Knowledge.--A person knows a fact if the person:
(1) has actual knowledge of it; or
(2) is deemed to know it under law other than this chapter.
(b) Notice.--A person has notice of a fact if the person:
(1) has reason to know the fact from all the facts known to the person at the time in question; or
(2) is deemed to have notice of the fact under subsection (c) or (d).
(c) Effect of certificate.--A certificate of limited partnership on file in the department is notice that the partnership is a limited partnership and the persons designated in the certificate as general partners are general partners. Except as provided under subsection (d) and section 8201(g) (relating to scope), the certificate is not notice of any other fact.
(d) Constructive notice.--A person not a partner is deemed to have notice of:
(1) another person's dissociation as a general partner 90 days after an amendment to the certificate of limited partnership which states that the other person has dissociated becomes effective or 90 days after a certificate of dissociation pertaining to the other person becomes effective, whichever occurs first;
(2) a limited partnership's:
(i) dissolution 90 days after an amendment to the certificate of limited partnership stating that the limited partnership is dissolved is effective;
(ii) termination 90 days after a certificate of termination under section 8682(e) (relating to winding up and filing of certificates) is effective; and
(iii) participation in a merger, interest exchange, conversion, division or domestication, 90 days after a statement of merger, interest exchange, conversion, division or domestication under Chapter 3 (relating to entity transactions) is effective.
(e) Notification.--Except as provided in section 113(b) (relating to delivery of document), a person notifies another person of a fact by taking steps reasonably required to inform the other person in ordinary course, whether or not those steps cause the other person to know the fact.
(f) Effect of partner's knowledge or notice.--A general partner's knowledge or notice of a fact relating to the limited partnership is effective immediately as knowledge of or notice to the partnership, except in the case of a fraud on the partnership committed by or with the consent of the general partner. A limited partner's knowledge or notice of a fact relating to the partnership is not effective as knowledge of or notice to the partnership.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 86 - Limited Partnerships
Section 8611 - Short title and application of chapter
Section 8613 - Knowledge and notice
Section 8615 - Contents of partnership agreement
Section 8616 - Application of partnership agreement
Section 8617 - Amendment and effect of partnership agreement
Section 8618 - Required information
Section 8620 - Characteristics of limited partnership
Section 8621 - Formation of limited partnership and certificate of limited partnership
Section 8622 - Amendment or restatement of certificate of limited partnership
Section 8623 - Signing of filed documents
Section 8624 - Liability of general partner for false or missing information in filed document
Section 8625 - Registered office
Section 8631 - Becoming a limited partner
Section 8632 - No agency power of limited partner as limited partner
Section 8633 - No liability as limited partner for limited partnership obligations
Section 8634 - Limited partner rights to information
Section 8635 - Limited duties of limited partners
Section 8636 - Person erroneously believing self to be limited partner
Section 8641 - Becoming a general partner
Section 8642 - General partner agent of limited partnership
Section 8643 - Limited partnership liable for general partner's actionable conduct
Section 8644 - General partner's liability
Section 8645 - Actions by and against partnership and partners
Section 8646 - Management rights
Section 8647 - General partner rights to information
Section 8648 - Reimbursement, indemnification, advancement and insurance
Section 8649 - Standards of conduct for general partners
Section 8651 - Form of contribution
Section 8652 - Liability for contribution
Section 8653 - Sharing of and right to distributions before dissolution
Section 8654 - Limitations on distributions
Section 8655 - Liability for improper distributions
Section 8661 - Dissociation as limited partner
Section 8662 - Effects of dissociation as limited partner
Section 8663 - Dissociation as general partner
Section 8664 - Power to dissociate as general partner and wrongful dissociation
Section 8665 - Effects of dissociation as general partner
Section 8666 - Power to bind and liability of person dissociated as general partner
Section 8667 - Liability of person dissociated as general partner to other persons
Section 8671 - Nature of transferable interest
Section 8672 - Transfer of transferable interest
Section 8674 - Power of personal representative of deceased partner
Section 8681 - Events causing dissolution
Section 8681.1 - Voluntary termination by partners
Section 8682 - Winding up and filing of certificates
Section 8684 - Power to bind partnership after dissolution
Section 8685 - General partner liability after dissolution
Section 8686 - Known claims against dissolved limited partnership
Section 8687 - Other claims against dissolved limited partnership
Section 8688 - Court proceedings
Section 8689 - General partner liability when claim against limited partnership barred
Section 8690 - Disposition of assets in winding up and required contributions
Section 8691 - Direct action by partner
Section 8692 - Derivative action
Section 8693 - Eligible partner plaintiffs and security for costs